The 2016 reporting requirements for VET FEE‑HELP were released on 6 July 2015. What do you need to be know?
There are some important reporting changes in VET FEE‑HELP for 2016 that will affect your administration of the programme.
The key changes are:
Reporting VET Unit of Study completions and VET Course Completions submissions twice a year:
– 31 August for first half year competitions and
– 31 March of the following year for second half year completions.
Verification and sign off of data will be required two weeks earlier than the current deadline:
– 30 September for first half year data and
– 30 April for full year data.
You will still have four weeks to verify your data. This enables earlier reconciliation of HELP payments and more timely availability of data and statistical information.
The addition of the Unique Student Identifier (USI) E584 to the VET Student Enrolment and Enrolment Revision files.
It is a requirement to report the USI from 1 January 2016.
While the department will allow a transition period of one year and will accept a null value for the USI in 2016 this only applies to those limited circumstances where it has not been possible to report a student's USI at the point of enrolment.
From 2017 you will be unable to report an enrolment record without a valid USI.
New measures in 2016
There are two new measures relating to the HELP programme that have recently been passed by the Australian Parliament. These will be implemented from 2016. They are:
The expansion of the HELP programme to New Zealand citizens who have been long–term residents of Australia since childhood. This will be effective from 1 January 2016.
Special Category Visa holders who first entered Australia as a dependent child, and who have lived in Australia for at least 10 years will now have access to HELP loans. No changes are required to current reporting processes. These students will be reported using the existing reporting arrangement.
Details of how to report eligible New Zealand citizens are available at Reporting New Zealand citizens who are eligible to access HELP.
The recovery of HELP and Trade Support Loan debt from people living overseas.
This measure was passed on 9 November 2015. This change similarly has no implications for reporting processes.